What does fifth third mean

Were there also banks regulated by the states? Was there a requirement that they be numbered? Long story short, banks could be chartered by states or by the feds. State banking regulations tended to be rather lax and those banks could easily fail.

Since federal regs were stricter, they were seen as sounder and more reliable. Calling yourself a National Bank or sometimes Federal Bank: there was a local First Federal Savings and Loan in the past was public advertising that you were under a federal charter.

If you were the fifth bank in Cincinnati to obtain a federal charter, you might call yourself the Fifth National Bank. Why not the Cincinnati National Bank? The APY on this account is low: only 0. However, there are several other ways to avoid the charge:. Fifth Third Relationship Savings Account. This account offers two different APYs, a standard one for customers who only have a savings account, and a higher Relationship APY for those who also have a checking account:. When you pair a Fifth Third Relationship Savings Account with a checking account, you can automatically transfer money from checking to savings.

Fifth Third Express Banking. While not exactly a checking account, Fifth Third Express Banking provides customers an account with no maintenance fee that offers many of the benefits of a checking account: You can cash checks and make deposits at Fifth Third Bank branches and deposit checks via the mobile app.

However, the account does not allow ATM deposits or check-writing. However, these fees are reduced based on the number of transactions you make per month. The fees associated with the debit card and basic services like check cashing and deposits mean that many customers will pay more in monthly service fees using the Fifth Third Express Banking than they would with a more traditional checking account.

Fifth Third Essential Checking. This non-interest bearing basic checking account has a lot to recommend it:. However, the fees on this account might be a bit expensive. You can get your monthly maintenance fee waived entirely in one of seven ways:. Despite the lengthy list of options to waive your monthly fee, these requirements are more onerous than those you can find with other banks.

Fifth Third Enhanced Checking. This interest-bearing checking account not only pays 0. You can receive an additional 0. Enhanced Checking account holders also receive exclusive discounts on Fifth Third Brokerage Accounts, as well as exclusive pricing for identity theft protection. Fifth Third Preferred Checking. However, the increased APY comes at a cost. There are two different APYs depending on whether you only have a Money Market account with Fifth Third, or you also have a relationship with the bank—i.

Though this is called a Money Market Savings Account, you have the ability to write checks and pay bills from it, as well as conduct your business via mobile banking. There is no minimum balance required to open the account. Fifth Third Bank offers customers a number of CD options , with a range of terms and rates. The CD rates can also be improved for current Enhanced Checking Account holders, as those customers are eligible for an additional 0.

Standard CD rates vary based on their term length. These rates can vary by geographical location, and the rates listed here are those offered by the Central Ohio Fifth Third Bank affiliates as of June 5, Fifth Third Bank offers four different credit cards all MasterCards to meet the needs of its customers, including two cashback rewards cards, a no-fee card, and a secured credit card:. Fifth Third Bank is an excellent option for those who seek financing or investment services.

It also offers:. You can reach live customer service agents via phone at from 7 a. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site.

While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Or the knee-socks guy.

Or Sanjaya. Sure, you might have a favorite teller or greeter or pneumatic drive-thru tube. His timing proved providential: When the earthquake smote the Bay Area, Giannini was able to gather his deposits, flee the ensuing inferno and cobble together a makeshift lending business while his competitors watched their assets turn to ashes.

Giannini went on to establish the first BofA — in Italy! Actually, it was called the Bank of America and Italy, and only lasted a few years. Giannini eventually acquired and merged with other banks to form Bank of America in Banking giant Wachovia also has its roots in an immigrant tale, but theirs involves a European count.

But no, not that Count. In , Moravian settlers bought , acres of North Carolina Piedmont and called it Wachau wah-KOH, roughly translated: stream in the meadow in honor of their benefactor, Count Nicholas Ludwig von Zinzendorf, presumably a non-biter. We know that Moravian settlement today as Winston-Salem. Where the heck is Moravia? Just kidding. I think. Out west, Zions Bank was founded by a Vermont visionary pioneer named Brigham Young, a Moses-like figure who led a group of Mormons across the desert to settle in what is now Salt Lake City.

Yes, I know Brigham Young had 55 wives. Yes, with that many wives, what else was he going to found, a deli counter? Yeah, you too. Get a haircut.